Civic Intelligence

Bray Hollow Foundation a Time for Science

990 • Fiscal year 2022 • EIN 45-2872683

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 15, 2024

729 Dickenson AveGreenville, NC 27834

(252) 531-7203

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.34x

Higher debt load relative to revenue than 85% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Net Margin

90th percentile

61%

Higher net margin than 90% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE C • $1M-$5M nonprofits • Source year 2022

Asset Growth

85th percentile

47%

Faster asset growth than 85% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

289%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,791,087

Up $572,573 (+47%) from 2021

Net Assets

Up

$1,404,959

Up $688,635 (+96%) from 2021

Liabilities

Down

$386,128

Down $116,062 (-23%) from 2021

Revenue

Up

$1,132,305

Up $841,226 (+289%) from 2021

Expenses

Up

$443,670

Up $62,016 (+16%) from 2021

Net Income

Up

$688,635

Up $779,210 (+860%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $947,293Liabilities 2014: $183Net Assets 2014: $947,1102014Assets 2015: $920,430Liabilities 2015: $52,946Net Assets 2015: $867,4842015Assets 2016: $984,548Liabilities 2016: $226,070Net Assets 2016: $758,4782016Assets 2018: $940,908Liabilities 2018: $207,805Net Assets 2018: $733,1032018Assets 2019: $1,144,003Liabilities 2019: $221,840Net Assets 2019: $922,1632019Assets 2021: $1,218,514Liabilities 2021: $502,190Net Assets 2021: $716,3242021Assets 2022: $1,791,087Liabilities 2022: $386,128Net Assets 2022: $1,404,9592022Assets 2023: $2,424,823Liabilities 2023: $351,441Net Assets 2023: $2,073,3822023Assets 2024: $2,461,653Liabilities 2024: $309,564Net Assets 2024: $2,152,0892024Assets 2025: $2,568,759Liabilities 2025: $275,032Net Assets 2025: $2,293,7272025

Highlighted filing

2022

Assets$1,791,087
Liabilities$386,128
Net Assets$1,404,959

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,089,433Expenses 2014: $142,323Net Income 2014: $947,1102014Revenue 2015: $174,535Expenses 2015: $254,161Net Income 2015: -$79,6262015Revenue 2016: $228,799Expenses 2016: $337,805Net Income 2016: -$109,0062016Revenue 2018: $304,384Expenses 2018: $367,291Net Income 2018: -$62,9072018Revenue 2019: $551,572Expenses 2019: $362,513Net Income 2019: $189,0592019Revenue 2021: $291,079Expenses 2021: $381,654Net Income 2021: -$90,5752021Revenue 2022: $1,132,305Expenses 2022: $443,670Net Income 2022: $688,6352022Revenue 2023: $1,157,764Expenses 2023: $489,341Net Income 2023: $668,4232023Revenue 2024: $765,244Expenses 2024: $686,537Net Income 2024: $78,7072024Revenue 2025: $819,766Expenses 2025: $678,128Net Income 2025: $141,6382025

Highlighted filing

2022

Revenue$1,132,305
Expenses$443,670
Net Income$688,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 15, 2024
Return Version
2022v5.0
Gross Receipts
$1,132,305
Mission and Program Overview

Mission

To coordinate the talents of area volunteers and staff, to marshal public and private resources for support, and to provide activities, programs and a supporting environment with which to enable participants of all ages to become engaged in nature and in the experience of science while having fun in the process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,187,241$1,187,241→ $0
Cash and Non-Interest-Bearing Accounts$22,067$598,341▲ $576,274
Prepaid Expenses and Deferred Charges-$3,750-
Savings and Temporary Cash Investments$9,206$1,755▼ $7,451
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,218,515$1,791,087▲ $572,572
Other Assets Total$1$0▼ $1
Liabilities
Other Liabilities$502,190$386,128▼ $116,062
Accounts Payable and Accrued Expenses$1--
Total Liabilities$502,191$386,128▼ $116,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$716,324$1,404,959▲ $688,635
Total Net Assets Fund Balance$716,324$1,404,959▲ $688,635
Total Liabilities and Net Assets / Fund Balance$1,218,515$1,791,087▲ $572,572

Asset Categories

AssetBook ValueDepreciationBasis
Land$573,457-$573,457
Equipment$260,194$83,740$343,934
Leasehold Improvements$229,844-$229,844
Buildings$111,921-$111,921
Other Land Buildings$11,825-$11,825
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,051,175
Program Service Revenue
$71,330
Investment Income
$0
Other Revenue
$9,800
All Other Contributions
$1,051,175
Change in Net Assets
$688,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,042
Other Expenses$151,628
Total Fundraising Expense$313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,860--$180,860
Current Officers, Directors, Trustees, and Key Employees-$89,766-$89,766
Office Expenses$343$40,681-$41,024
Payroll Taxes$14,451$6,965-$21,416
All Other Expenses$1,390$17,438-$18,828
Insurance-$15,034-$15,034
Interest-$11,012-$11,012
Fees for Services Accounting-$7,800-$7,800
Other Expenses$13,440$5,363$313$5,363
Fees for Services Legal-$3,000-$3,000
Advertising-$288-$288
Total Functional Expenses$210,484$232,873$313$443,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA Loan$152,900
Bb&t Loc$126,771
Long Term Loan$100,000
Payroll Liabilities$5,429
Credit Card$1,028
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990, part vi, line 11b - organization's process to review form 990 form 990 draft provided to exective director and president for review before signing

Form 990, Part VI, Section B, Line 12C

Form 990, part vi, line 12c - enforcement of conflicts policy issues are covered at the monthly board meeting

Form 990, Part VI, Section B, Line 15A

Form 990, part vi, line 15a - compensation process for top official compensation for the executive director is reviewed and approved by the board of directors

Form 990, Part VI, Section B, Line 15B

Form 990, part vi, line 15b - compensation process for officers compensation for other key employees is reviewed and approved by the board of directors

Form 990, Part VI, Section C, Line 19

Form 990, part vi, line 19 - governing documents disclosure explanation governing documents are available for review at a time for science located at 949 contentnea lane grifton, nc 28530 upon request

Filing and Contact Details

Filer

Filer Name
Bray Hollow Foundation
EIN
45-2872683
Phone
2525317203
Address
729 Dickenson Ave, Greenville, NC 27834

Signing Officer

Name
Jerry Davis
Title
Treasurer
Signed
2024-10-15
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
12
Volunteers
25

Preparer

Firm
LF Consulting Inc
Address
4325 Southlea Dr, Winterville, NC 28590
Preparer
Leisa Fuller
Phone
7043026643
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